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Ankit Agarwal

Stories by Ankit Agarwal

Deals

India: Ola Electric raises $53m led by Temasek, valued at $2.7b

Ola Electric raised over $200 million in a round in October at a valuation of $3 billion.

Deals

It’s raining Esops in India this year as job market gets competitive

One in three startups that announced Esop buybacks turned unicorn this year.

Analysis

India’s  top  startups made staff richer by $5b in 2021 through ESOPs

Food-tech firm Zomato leads the pack with an ESOP pool now worth $1.5b.

People

The millionaires’ club at Indian fintech giant Paytm

Paytm is seeking a $20 billion valuation for its IPO due to open on November 8.

Private Equity

Blackstone may earn five-fold return from Fino Payments Bank’s listing next month

Blackstone had first invested $33m in Fino Payments Bank for a minority stake in 2011.

Analysis

India’s fundraising blitz may ensure more unicorns are minted in coming years

By 2025, the country is expected to host 100 unicorns, according to TiE- Delhi.

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